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2706 W Petty Rd, Muncie, IN 47304

4 beds • 2 baths • 3748 sqft

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This property looks like a bad Long-Term investment with a projected -12.2% first-year return on $77,490 initial cash invested.

-12.2%

Cash On Cash

3.66%

Cap Rate

0.62

DSCR

$1,870

Rent

-$788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,870

Total Expenses

$2,658

Mortgage P&I

97%

$1,819

Property Taxes

12%

$223

Home Insurance

7%

$129

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

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Distance

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2

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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